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🐋 WHALE WATCH :China just sent an $8.6B message to global markets.
CXMT (Chinas DRAM titan) officially went public on the Shanghai STAR Market:
=> IPO raised $8.6 Billion
=> Shares exploded +470% on Day 1 (¥8.60 => ¥49)
=> Instantly vaulted into China’s most valuable listed companies on day one
Forget theoretical whitepapers on tech decoupling.
Domestication of the semiconductor supply chain is no longer just a state policy objective its officially the highest conviction trade in mainland capital markets right now.